Gold Near Steady; Recent Sideways Trading Gives Bulls Some Hope
Gold prices are trading not far from unchanged levels in early U.S. dealings Monday.
Read moreMore Downbeat Economic Data From China
In overnight news, there was another downbeat economic report coming out of the world’s second-largest economy.
Read moreThe 6PM Recap With Gary Wagner: Slightly Less Than Perfect, Jobs Report Muffles Activity, Direction
After rising today following the U.S. Department of Labor’s employment report for July, the U.S. dollar weakened as afternoon trading wore on.
Holiday Trading Could Mean Gold Will Be Stuck In Neutral Next Week – Analysts
Although gold remains firmly in a downtrend, low volume during the summer holidays and little economic data could mean that gold will remain range bound as it closes the week in neutral territory, according to some analysts.
Read moreWall Street, Main Street Remain Solidly Bearish On Gold As Price Remains Below $1,100
Negative market sentiment is showing some signs of weakening despite the fact the majority of retail investors and market professionals expect to see lower prices next week, according to the results of the latest Kitco News Wall Street vs. Main Street…
Read moreU.S. Economy Created 215k Jobs In July
Kitco News reports on the U.S. July nonfarm payrolls report.
Read moreMining Stocks Mostly Softer This Week Amid Flood Of Earnings Reports
Stocks of gold- and silver-mining companies traded in North America mostly lost ground during the first four trading days of this week as gold also continued its slide, although less dramatically than last month.
Read moreGold Pushes Above Unchanged as Sellers May Now Be Exhausted
Gold prices have moved above unchanged and are trading modestly higher in morning dealings Friday, in the wake of an as-expected U.S. jobs report that initially put downside pressure on the yellow metal.
Read moreGold Prices Pushing Higher Friday Morning Level To Watch Is $1,110
July U.S. employment data likely met the Federal Reserve’s criteria for more improvement before policy-makers hike interest rates, says Brown Brothers Harriman.
Gold Weaker in Wake of U.S. Jobs Report That Meets Market Expectations
Gold prices are modestly lower in early U.S. trading Friday, following a U.S. employment report that was right in line with trader expectations.
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